ZHL says infrastructure, landmark developments drive ‘progressing well’.
TweetShareSharePin0 SharesBy ETimes Zimre Holdings expects to start construction on its first project in the second half of 2023, as the infrastructure and landmark projects programme is moving along nicely.…
ZSE close week positive as benchmark index rises 1.48%
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange ended trading on a positive note Friday, as market capitalisation gained 3.79% to close at $9.8 trillion amid concerns around the depreciating local…
Hippo decries informal traders, forecasts higher borrowings
TweetShareSharePin0 SharesBy ETimes HARARE – Hippo Valley Estates sugar production for the 5 months to August 2023 declined by 9% 66,319 tonnes from 72,058 tonnes in the comparative period last…
BAT hurt by high exchange losses posts $5.1bn loss before tax in H1
TweetShareSharePin0 SharesBy ETimes HARARE – BAT Zimbabwe, a listed cigarette manufacturer, has recorded an inflation adjusted revenue of $71,56 for the half year ended 30 June 2023. The figure represents…
CBZ Bank launches university student ID financial cards
TweetShareSharePin0 SharesBy ETimes HARARE – CBZ Holdings, the biggest bank in Zimbabwe, has launched a student smart-debit card that combines a university student ID card with a student account-linked debit…
OK Zimbabwe shares gain despite delay in full year results
TweetShareSharePin0 SharesBy ETimes HARARE – Despite issuing a notice concerning the delay in the publication of the audited financial results for the year ended 31 march 2023, shares of retail…
‘Policy fluidity will rouse temporary negative outcomes during realignment period’
TweetShareSharePin0 SharesBy ETimes HARARE – First Mutual Holdings Limited says the strategic presumptions regarding the economic environment’s outcome have mainly not altered despite policy measures instituted in the first half…
ZSE Open Week With 1.01% Gain
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange recorded a gain of 1.01% on Monday, with 6 equities closing in green and 10 shares closing in red. Proplastics the best-performing stock,…
To Save Local Industry: Unifreight tells Govt to restrict informal imports
TweetShareSharePin0 SharesBy ETimes HARARE – Authorities need to restrict imports of goods that can be manufactured locally in order to boost the domestic industry, listed logistics firm Unifreight Africa has…
Equities suffer 1.20% loss
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange (ZSE) ended Friday’s trading session on a negative note. Consequently, the ZSE All Share Index dipped by 1.20% to close at 115,490.04 points.…